POPA ReconARK completed its first lead investment — and it isn’t AI
ARK completed its first lead investment — and it isn’t AI ARK Invest has taken the lead in Lucra’s $20 ,illion Series B funding. Lucra builds a platform that turns loyalty programs into competitive, game-like experiences for brands including Five Iron Golf, Chess Kings, and Dave & Buster’s. The move is notable because ARK’s venture vehicle is structured as an SEC-regulated interval fund rather than a traditional VC fund, allowing broader participation but limited liquidity windows. ARK had already invested in Lucra earlier and helped build conviction for a larger bet. 👉 techcrunch.com/202…
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